Turkish payment system Ininal has suspended its work

Users of Ininal, a popular payment system in Russia, have faced problems when paying for goods and services since March 15.

Turkish payment system Ininal has suspended its work

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Users of Ininal, a popular payment system in Russia, have faced problems when paying for goods and services since March 15.

This was reported by RIA Novosti customers of this service. Ininal became popular among Russians after the departure of Visa and Mastercard. It was convenient that the registration of the card could be carried out remotely – it was enough passport and Russian phone number. At the moment, the money of users left on the accounts, hovered and replenish the virtual card through the Golden Crown, as before, is also impossible. It is also difficult to register new accounts. “It is impossible to pay for any services in the morning, no payment was made when trying to buy air tickets,” one of the customers of the Ininal service told RIA Novosti. The company said it was temporarily suspending operations through terminals, ATMs and the app, citing safety and efficiency improvements. The likely cause of these problems is the arrest of Ininal CEO Erkan Cork along with 49 other suspects. According to the publication Cumhuriyet, Cork was detained as part of an investigation on suspicion of illegal business activities and money laundering from gambling. The publication reported the confiscation of assets of his companies with a total capital of 6.9 billion Turkish liras. Earlier, Russian Ambassador to Turkey Alexei Yerkhov on air of the TV channel “Russia 24” said that, fearing the imposition of sanctions by the West, Turkish banks are extremely cautious in interacting with their Russian counterparts. According to Yerkhov, this narrows the business opportunities of the two countries to carry out bank transfers in the interests of participants in foreign economic activity. In addition, as the Russian ambassador noted, restrictions lead to difficulties with opening accounts in Turkish banks by legal entities from Russia.

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